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Nonprofiteer
← PHI COMMUNITY FOUNDATION

Form 990 for tax year 2023

Filed by PHI COMMUNITY FOUNDATION.

Totals

Total revenue
$466,092
Total expenses
$474,031
Contributions and grants received
$481,154
Grants paid
$450,000
Program service revenue
$0
Investment income
$7
Other revenue
-$15,069
Total assets, end of year
$175,550
Total liabilities, end of year
$93,600
Net assets or fund balances, end of year
$81,950
Program services expenses (Part IX)
$450,000
Management and general expenses
$24,031
Fundraising expenses
$0
Program service expenses (Part III)
$450,000

Program services were 94.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $481,154

  • 3 · Investment income

    total $7 · excluded $7

  • 8a · Fundraising events: gross income

    $407,349

  • 8a · Fundraising events: contributions included on line 1c

    $481,154

  • 8b · Fundraising events: direct expenses

    $422,418

  • 8c · Net income from fundraising events

    total -$15,069 · excluded -$15,069

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $450,000 · program services $450,000

  • 11c · Fees: accounting

    total $19,286 · management and general $19,286

  • 24a · Other expenses: ADMINISTRATIVE FEES

    total $4,745 · management and general $4,745

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $249,389 · end of year $175,550

  • 17 · Accounts payable and accrued expenses

    beginning of year $159,500 · end of year $93,600

  • 27 · Net assets without donor restrictions

    beginning of year $89,889 · end of year $81,950

Mission and programs · 2023

Mission

THE PURPOSE OF THE CORPORATION IS TO PROMOTE CHARITABLE ACTIVITIES THAT ADDRESS COMMUNITY ISSUES OF HEALTH, YOUTH DEVELOPMENT, EDUCATIONAL SUPPORT, AND LOW INCOME ADVOCACY WITHIN THE MEANING OF SECTION 501(C)(3) OF THE IRC, AS AMENDED, INCLUDING MORE SPECIFICALLY BUT NOT BY WAY OF LIMITATIONS: (A) TO PROMOTE HEALTHY LIFESTYLES AND DELIVER HEALTH EDUCATION AMONG THOSE LEAST ABLE TO AFFORD HEALTH CARE SERVICES, (B) TO SUPPORT THE DEVELOPMENT OF YOUTH THROUGH LEADERSHIP, CAREER EXPOSURE, AND JOB DEVELOPMENT PROGRAMS, (C) TO ADVANCE INTELLECTUAL ACHIEVEMENTS OF STUDENTS STUDYING AT INSTITUTIONS OF HIGHER LEARNING THROUGH SCHOLARSHIPS AND OTHER EDUCATIONAL MEANS, (D) TO ENSURE THAT FAMILIES WHO MEET FEDERAL POVERTY STANDARDS HAVE ACCESS TO RESOURCES THAT HELP THEM PAY FOR AND MANAGE THEIR ENERGY BILLS.

Activities or mission (Part I)

THE MISSION OF THIS FOUNDATION IS TO PROMOTE CHARITABLE ACTIVITIES THAT ADDRESS COMMUNITY ISSUES OF HEALTH, YOUTH DEVELOPMENT, EDUCATIONAL SUPPORT, AND FINANCES.

  • THIS ORGANIZATION WAS ABLE TO PROVIDE NUMEROUS DONATIONS TO VARIOUS NON-PROFIT COMMUNITY ORGANIZATIONS WITHIN DC, MD, DE AND NJ; TO PROMOTE COMMUNITY ISSUES OF HEALTH, EDUCATION, ADVOCACY, ETC.

    Expenses $450,000 · Grants $450,000

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • MARISA SLATEN

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0

  • WILLIAM MOKOID

    VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    0

  • MORGAN O'DONNELL

    TREASURER

    Total calculated
    $0
    Hours/week
    0

  • CHARDIA AVERY

    SECRETARY

    Total calculated
    $0
    Hours/week
    0

  • ALLYSON D'ERAMO

    FINANCIAL SECRETARY

    Total calculated
    $0
    Hours/week
    0

  • KRISTIN MCEVOY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • MARCUS BEAL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • VALENCIA MCCLURE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • LAMONT AKINS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
3 July 2024
IRS schema version
2023v5.1
Source object
202401879349300900

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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